Market Analysis

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Ether’s futures premium has gone through a complete cycle, from April’s extreme euphoria to the present level, which is the most bearish in six months.  Believe it or not, in both situations, Ether’s (ETH) price was roughly $2,100. This change shows how investors’ mood depends on a few weeks’ performances and holds no relation to

On-chain metrics suggest Bitcoin’s (BTC) bull market is very much intact as so-called “no-coiners” buy the dip, according to popular cryptocurrency analyst Willy Woo.  In a series of tweets on Monday, Woo said the latest price correction for Bitcoin and altcoins mirrored the Covid-19 “white swan” event that allowed money on the sidelines to enter

Bitcoin (BTC) could shoot higher if it completes a W-shaped bottom, says veteran analyst John Bollinger. In a tweet on May 24, the Bollinger Bands creator told traders to “stay tuned” for a possible lucrative continuation signal on BTC/USD. W-shaped bottom at “logical place” Last week, Bollinger called Bitcoin’s rebound from $30,000 to $42,000 “logical”

Bitcoin (BTC) is circling $35,000 at the start of the week after a fresh dip panics weak hands and fuels a whale feast — what’s next? After hitting $30,000 in a “capitulation bottom” event, a rebound to $42,000 had many thinking the worst was over for Bitcoin. The weekend proved them wrong. Cointelegraph takes a

Bitcoin (BTC) fell below $40,000 on May 19 as bearish sentiment continued to dictate price direction resulting in the cryptocurrency market losing $350 billion in value. Analysts calm as BTC/USD hits 15-week lows Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it put in lows of $38,500 before bouncing higher. Coming after a week

As Bitcoin (BTC) tested the $43,000 support for the third consecutive day, whales bought the dip on derivatives exchanges. While there has been no significant price change, the Bitcoin futures premium reached its lowest level in six months. This indicator matches Dec. 11, 2020, when Bitcoin hit a $17,600 low just 10 days after making

It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum. This appears to be the same for blockchain-related stocks that trade in the traditional financial markets, and a quick glance

Tesla and SpaceX CEO and self-proclaimed “Dogefather” Elon Musk should sell his Bitcoin (BTC) holdings, say hodlers. A new petition hosted by Change.org is currently gathering signatures to make Musk divest himself of his personal stash of Bitcoin. “Elon Musk: Sell your Bitcoin” Its goal is modest — 100 signatures at first, of which a

Bitcoin (BTC) is facing a make or break moment this week as a classic indicator signals a price watershed.  According to the network value to transaction (NVT) price, BTC/USD is in line for a reset at recent lows of just above $42,000. NVT calls a significant BTC move After dipping on negative sentiment as a

This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin.  While the price action from Dogecoin (DOGE) has dominated the headlines

Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date.  However, as Cointelegraph reported in June 2020, the effect faded away. While 2020 seems to have

Bitcoin (BTC) has performed “very well” as traders send more coins to exchanges than at any time since the March 2020 crash. Data from on-chain monitoring resources CryptoQuant and Glassnode shows that BTC exchange inflows hit a one-year high on May 13. Nearly 30,000 BTC hits exchanges Bitcoin saw intense pressure from sellers this week

Like most crypto journalists, Will Foxley has a horror story about a bad encounter he had with a dodgy PR person. The former tech reporter at CoinDesk recalls being embarrassed in his first few days on the job after he relied on bad information fed to him in an announcement. “I got burned by a

The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) is declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain. At the same time, the price of ETH has rebounded back above $4,000 on May 14, and Bitcoin

Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit rallies while Bitcoin (BTC) price slowly recovers to the $57,000 level.  The biggest event generating conversations across the crypto sector and social media is the rise of dog-themed tokens inspired by the